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price control

/ˈpraɪs kənˌtrəʊl/

1 entry

phrase

/ˈpraɪs kənˌtrəʊl/C1formalbusiness
  • ruГосударственное регулирование, устанавливающее или ограничивающее цены на товары и услуги на рынке, обычно используемое для предотвращения инфляции или обеспечения доступности.

A government-imposed regulation that sets or limits the prices that can be charged for goods and services in a market, typically used to prevent inflation or ensure affordability.

  1. Government regulation of pricesB2formal

    A government policy that sets or limits the prices of goods and services to prevent inflation or ensure affordability.

    ruГосударственное регулирование цен

    • The government imposed price controls on essential medicines.
    • Price controls can lead to shortages if set too low.
    • Economists debate the effectiveness of price controls in a free market.